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The mining industry of Zimbabwe is highly diversified, with close to 40 different minerals. The predominant minerals mined by the industry include platinum , chrome, gold , coal , and diamonds . The country boasts the second-largest platinum deposit and high-grade chromium ores in the world, with approximately 2.8 billion tons of platinum group ...
Mutorashanga is a small ferrochrome mining town in Mashonaland West province in Zimbabwe. Situated on Zimbabwe's Great Dyke mountain range, about 100 kilometers north of the capital, Harare. [1] The mines at Mutorashanga are largely owned by Zimasco, a chrome mining company owned in turn by Sinosteel Corporation, although some are operated by ...
The mine is owned and operated by RZM Murowa (Private) Limited, a member of RioZim (a Zimbabwe listed company). [1] The mine is a combination of open pit and underground construction. Current estimates put construction costs at $61 million USD and mine reserves are 19 million tonnes of ore, with an ore grade of 0.9 carats (180 mg) per tonne.
[1] The mine is located in southern Zimbabwe in Masvingo Province. [1] The Bikita mine has reserves amounting to 10.8 million tonnes of lithium ore grading 1.4% lithium thus resulting 0.15 million tonnes of lithium. [1] In June 2022 the Sinomine Resource Group company bought the Bikita mine for $200 million. [2]
The mines were closed seven years later due to the drop in demand for emeralds. [5] But interest in the properties resumed as the price of lithium soared. In 2019, Kuvimba Mining House (KMH), which is 65% owned by the Zimbabwe government, took over the asset. [2] Illegal mining takes place at the Sandawana mines due to lax or bribed security. [2]
The mine is located in western Zimbabwe in Matabeleland North Province. [2] The Kamativi mine has reserves amounting to 100 million tonnes of tin ore grading 0.28% tin thus resulting 0.28 million tonnes of tin. [1] The tin and tantalum mine was operated from 1936 until 1994. [3] Since the mine's closure, local artisanal miners have worked the ...
The company was the best performer on the Zimbabwe Stock Exchange in 2014. [15] After a dip in Bindura Nickel Corporation's share price in 2015, there were reports that the Zimbabwe Stock Exchange had struggled as a result, with the mining index dropping 50% that year. BNC that year was the second worst performer on the exchange. [16]
Metallon Corporation is the 100% owner of three gold mining companies in Zimbabwe. In 2015, gold production was 97,000 ounces and the target is 100,000 ounces. Across the Group Metallon has a significant resource base with a JORC-compliant 5.2 million ounce resource (Golder 2018).